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Storing unpriced grain focus of central Iowa meetings

By Staff | Nov 18, 2013

AMES – Iowa State University Extension and the Iowa Farm Bureau Federation will sponsor four different Ag Marketing Club meetings on Nov. 19, 20 and 21.

The topic will be “Storing Unpriced Grain: Strategies and Tools” and feature Steve Johnson, ISU Extension farm management specialist and Ed Kordick, commodity services manager with the IFBF.

The Iowa Commodity Challenge, an online market simulation game, will also be featured as a way to improve crop marketing skills.

Participants will develop their own strategies for marketing corn and soybeans and learn how to use a number of tools.

Participants can enroll in the Iowa Commodity Challenge, an online market simulation game. The game provides participants 75,000 bushels of corn and 25,000 bushels of soybeans virtually stored at a local elevator.

The online game starts at the Ag Marketing Club sites and ends March 12 when participants will need to have sold their stored bushels and settle any of their futures or options positions.

The public is invited to attend and a small registration fee may be charged at the door.

The schedule and contact information for each site includes:

A.) Nov. 19: Lynnville at the First State Bank, 6:30 p.m., (641) 623-5188.

B.) Nov. 20: Conrad at the Mid-Iowa Grain Merchandising office, 6:30 p.m., (319) 824-6979.

C.) Nov. 21: Fort Dodge at the Webster County Extension office, 1 p.m., (515) 576-2119.

D.) Nov. 21: Ogden at the Community Center, 6:30 p.m., (515) 432-3882.

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